OAKLAND, Calif.–(BUSINESS WIRE)–Lilac Solutions, a lithium extraction technology company, announced today the final close of its $150 million Series B financing. New investors in the round include SK Materials, BMW i Ventures, Presidio Ventures (a Sumitomo Corporation Group Company), MCJ Collective, and Earthshot Ventures. Lilac has developed a new ion exchange technology to increase production of lithium from brine resources. Electric vehicle producers are facing high prices and shortages fo